DAO vs. SPY
Compare and contrast key facts about Youdao, Inc. (DAO) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DAO or SPY.
Correlation
The correlation between DAO and SPY is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DAO vs. SPY - Performance Comparison
Key characteristics
DAO:
1.45
SPY:
1.82
DAO:
2.62
SPY:
2.45
DAO:
1.33
SPY:
1.33
DAO:
1.31
SPY:
2.77
DAO:
6.61
SPY:
11.49
DAO:
18.54%
SPY:
2.03%
DAO:
84.28%
SPY:
12.70%
DAO:
-93.46%
SPY:
-55.19%
DAO:
-78.77%
SPY:
0.00%
Returns By Period
In the year-to-date period, DAO achieves a 32.03% return, which is significantly higher than SPY's 4.04% return.
DAO
32.03%
48.03%
186.51%
132.62%
-15.86%
N/A
SPY
4.04%
4.73%
10.95%
23.86%
14.32%
13.24%
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Risk-Adjusted Performance
DAO vs. SPY — Risk-Adjusted Performance Rank
DAO
SPY
DAO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Youdao, Inc. (DAO) and SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DAO vs. SPY - Dividend Comparison
DAO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAO Youdao, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DAO vs. SPY - Drawdown Comparison
The maximum DAO drawdown since its inception was -93.46%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DAO and SPY. For additional features, visit the drawdowns tool.
Volatility
DAO vs. SPY - Volatility Comparison
Youdao, Inc. (DAO) has a higher volatility of 44.90% compared to SPDR S&P 500 ETF (SPY) at 3.55%. This indicates that DAO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.